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Any reason to keep paper bank statements / fees ?

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    #11
    I do that with stuff like old cars' service history records, national trust memberships etc, have it it the sink overnight then drain and put into a box that goes into paper recycling bin. If someone manages to go through the trouble of extracting information from there, I would say fair enough - they earned it. But still over paranoid about financial details.

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      #12
      Update:

      - burning does not work well: too much smoke and need to separate sheets still.
      - drowning it in water in a garden bin: didn't do much after 1 month even with concrete mixer attachment finish at the end, think need bleach but then hard to dispose of this mess at the end
      - commercial shredders are all seem to be for big volumes, not individual consumers

      At the end decided half is not risky to toss in a paper bin as it is, and used a home shredder for the rest while watching a movie with ANC headphones.

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        #13
        Got a garage full of paperwork that I need to do something with really. Whats the rules for keeping stuff ? 7 years or is it more ?

        Personally always keep physical copies of everything but its getting a bit ridiculous out in the garage now :P

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          #14
          Originally posted by dx4100 View Post
          Got a garage full of paperwork that I need to do something with really. Whats the rules for keeping stuff ? 7 years or is it more ?

          Personally always keep physical copies of everything but its getting a bit ridiculous out in the garage now :P
          How long to keep records


          You must keep records for 6 years from the end of the last company financial year they relate to, or longer if:
          • they show a transaction that covers more than one of the company’s accounting periods
          • the company has bought something that it expects to last more than 6 years, like equipment or machinery
          • you sent your Company Tax Return late
          • HMRC has started a compliance check into your Company Tax Return
          https://www.gov.uk/running-a-limited...unting-records
          'CUK forum personality of 2011 - Winner - Yes really!!!!

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            #15
            Thanks for this

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